The MetaStock FORECASTER plots a “probability cloud” based on a previously selected chart pattern.

Using advanced algorithms, it examines the price action after an event occurs to determine the probable performance of future events.

The following chart of the SPDR Dow Jones Industrial Average ETF depicts a 90-day forecast cloud generated by a bullish breakout signal. The event is triggered by price touching predetermined support and resistance levels.

The MetaStock Sector Rotation Model (SRM) helps gauge the state of the market relative to the economic cycle.

Six sectors are used in the model; Consumer Discretionary, Consumer Staples, Financial, Healthcare, Technology and Utilities. When Consumer Staples, Healthcare and Utilities are outperforming, the market is weaker. This is shown by sustained negative values of the SRM and usually indicates trouble in the market.

Conversely, when Financial, Technology and Discretionary sectors are outperforming, the SRM will show sustained positive values. Bull markets may follow this condition.

The SRM can be interpreted like traditional oscillators. Market tops are signaled by a sustained positive SRM followed by a quick drop below zero. Market bottoms are signaled by a sustained low SRM followed by a quick rise above zero.

The Market McClellan Summation is a cumulative measure of the McClellan Oscillator. Mathematician James Miekka developed an alternate formula which solved some calculation problems and keeps the index above zero most of the time. Strength is shown when the summation index is trending in a positive direction. When the summation index is trending in a negative direction, the market is showing weakness.

Additionally, trend line crosses, price/indicator divergences and indicator/indicator divergences are good predictors for trend changes. Learn more about trading divergences here.

The Hands-Free Portfolio was created by Morningstar as a vehicle for investors to put their money into a "set it and forget it" model portfolio.

There are three hands-free portfolio models to choose from... conservative, moderate and aggressive. Each portfolio shares the same ten ETFs plus a cash position. It is the percentage allocation for each ETF which delineates the risk between portfolios.

The following chart is a composite index of the Morningstar Hands-Free Portfolio (Aggressive) minus the cash position.

Elliott Third Wave Impulses

We filter component stocks from the Fidelity Select Sector funds... identifying those recently moving into an intermediate third wave impulse.

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What Other Stock Traders Have Said

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Practical Stock SelectionMy method is practical, simple and easy to understand. I follow strong companies who have good, rising dividends and big market caps. When these companies …

Technical Trend Following After many failed attempts of different quantative methods and various charting techniques this method has proven to be far superior and more inportantly …

Trading Range Stocks Not rated yetI like to identify stocks which trade in a range. My current favorite is New Oriental Education & Technology Group (EDU).
I've determined a trade …

How To Pick Stocks Not rated yetFind any stock for any company whose growth is based on up-and-coming industries. Up and coming industries are those which get coverage in current media. …

Ticker Symbol Selection... Easy as A-B-C! Not rated yetI choose my stocks by focusing on the letters in the stock abbreviation. For example, my name starts with an E and my wife's name starts with an L. That …